Which of the Following Terms Refers to a Lump-Sum Payment

question 47

Multiple Choice

Which of the following terms refers to a lump-sum payment given to employees as a reward for moving from one assignment to another?

• A)hardship allowance
• B)foreign service premium
• C)cost-of-living allowance
• D)mobility premium

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Definitions:

Social Responsibility

The duty of entities, both individuals and organizations, to act in the best interests of society at large.

Positive Contribution

Actions or efforts by individuals or groups that have a beneficial impact on their surrounding environment or social context.

Leaders

Individuals who guide, influence, or direct others towards achieving shared goals or objectives.

Corporate Philanthropy

The act of a corporation donating resources, including money, time, or products, to charitable causes to promote the welfare of others.